What four more years of Joe Biden would mean for America’s economy
Bigger government, for a start
![A drawing of Joe Biden driving a digger with a purse for a shovel, from which some coins are tumbling.](https://www.economist.com/cdn-cgi/image/width=1424,quality=80,format=auto/content-assets/images/20240203_FND001.jpg)
Joe Biden’s opponents focus on his age as something that makes him doddering, confused and ultimately unfit for office. So the great paradox of the 81-year-old’s first term is that he has presided over perhaps the most energetic American government in nearly half a century. He unleashed a surge in spending that briefly slashed the childhood poverty rate in half. He breathed life into a beleaguered union movement. And he produced an industrial policy that aims to reshape the American economy.
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This article appeared in the Finance & economics section of the print edition under the headline “The octogenarian radical”
Finance & economics February 3rd 2024
- What four more years of Joe Biden would mean for America’s economy
- Bitcoin ETFs are off to a bad start. Will things improve?
- China’s leaders are flailing as markets drop
- Evergrande’s liquidation is a new low in China’s property crisis
- Your pay is still going up too fast
- Biden’s chances of re-election are better than they appear
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